Dodd-frank act modified regulation of bank

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Reference no: EM13840360

The Dodd-Frank Act modified the regulation of bank and savings institutions by:

a) requiring all national banks to join the Fed system.

b) transferring regulation of savings institutions to the Office of the Comptroller of the Currency.

c) requiring credit unions to be regulated under the National Credit Union Administration.

d) allowing the FDIC to increase its oversight of all commercial banks and savings institutions.

Reference no: EM13840360

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